TEHRAN- Iran’s exports to Iraq rose 30 percent during the first seven months of the present Iranian calendar year (March 21-October 22), compared to that of the same time span in the past year, according to the Chairman of Iran-Iraq Joint Chamber of Commerce Yahya Al-e Es’haq.

TEHRAN – Iran Minerals Production and Supply Company signed a memorandum of understanding with Iran Mine House and a private company for developing six small-scaled gold and copper mines across the country, IRIB reported on Saturday.

TEHRAN- Some 45 new locomotives, 2,700 new freight wagons, and 97 new passenger wagons will be added to the railway fleet of Iran, IRIB reported on Saturday quoting a deputy at the Islamic Republic of Iran Railways (known as RAI).

TEHRAN- Some $47 billion of hard currency will be injected back to domestic financial system via exports by the end of the present Iranian calendar year (March 20, 2019), the governor of the Central Bank of Iran (CBI) announced on social media.

TEHRAN- Some portion of the reserves of National Development Fund (NDF) has been allocated to market stability and also to production flourishing, Iranian industry, mining and trade minister announced on Thursday.

TEHRAN- “Despite the U.S. sanctions against Iran, German businessmen and entrepreneurs underscore continuation of trade ties with Iran,” an official from the Ministry of Economic Affairs, Transport, Agriculture and Viticulture of Rhineland Palatinate (MWVLW) told Deutsche Welle on Thursday.

TEHRAN – Iran’s solar power output is due to reach 1000 megawatts (MW) by the end of the current Iranian calendar year (March 20, 2019), ISNA reported on Friday quoting the Iranian deputy energy minister.

TEHRAN- Iran produced 3.296 million barrels per day (bpd) of oil in October, a 156,000 bpd decrease from 3.452 million bpd in August, according to OPEC’s latest monthly report published on Tuesday citing the secondary sources.

TEHRAN – Ashgabat, the capital city of Turkmenistan, will host an exclusive exhibition of Iranian goods from March 4 to 6, 2019, the portal of Iran’s Trade Promotion Organization (TPO) published on Wednesday.

TEHRAN- In a meeting between Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari and Indian Ambassador to Iran Saurabh Kumar the two sides investigated the prepared mechanisms for doing mutual trade transactions under the unilateral U.S. sanctions imposed on Iran, the portal of TCCIMA reported on Wednesday.

TEHRAN- According to the country’s budget performance report, the government’s tax income during the first half of the present Iranian calendar year (March 21-September 22, 2018) has surpassed 500 trillion rials (about $11.9 billion), registering a 16.8 percent increase compared to the same time in the preceding year, Tasnim news agency reported on Tuesday.

TEHRAN - Fernando Affonso Collor de Mello, the former Brazilian president and the chairman of the Brazilian Parliament’s Foreign Affairs Committee, voiced his country’s interest for expansion of ties with Iran in various areas especially trade, transportation, banking, agriculture and environment.

TEHRAN- The blacklisting of Iran from the Belgium-based international financial messaging system (SWIFT) will cause the country’s foreign financial transactions and trade no harm, the public relations department of the Central bank of Iran (CBI) announced.

By Ebrahim Fallahi

Right from the day Trump withdrew from Iran’s nuclear deal, announcing his plan for cutting Iranian oil exports to zero, the oil scholars and experts all around the world begun contemplating the impacts of this decision on the Iranian oil industry especially on the country’s oil exports.

TEHRAN - Iraq has received a 45-day waiver over U.S. sanctions against Iran which allows the country to continue to import natural gas and electricity from Iran, Reuters reported citing the U.S. embassy in Iraq.

TEHRAN- The contract on cooperation of 40 Iranian construction companies on selling products for building the industrial estate of Sandan in Oman was signed on Sunday at Iran’s Embassy in Muscat, IRNA reported.

TEHRAN- National Iranian Oil Company (NIOC) sold 700,000 barrels of light crude oil at Iran Energy Exchange (IRENEX) at the price of $64.97 per barrel on Sunday, the second offering day of oil at the capital market, Tasnim news agency reported.